The Chandigarh administration is exploring the possibility of dividing large industrial plots into smaller units and increasing the floor area ratio (FAR) to promote industrial development and optimize land utilization in the city. The move aims to address the growing demand for smaller industrial spaces and encourage more businesses to set up operations in Chandigarh.
Key Proposals Under Consideration
According to sources, the administration is reviewing a proposal that would allow the subdivision of existing industrial plots that are larger than a certain threshold. This would enable multiple smaller industries to operate on what was previously a single large plot, thereby increasing the number of industrial units and fostering a more diverse industrial ecosystem.
Additionally, the administration is considering a hike in the floor area ratio for industrial plots. FAR is a key metric that determines the maximum allowable floor area of a building relative to the size of the plot. Increasing FAR would allow industries to construct larger buildings or expand existing facilities without requiring additional land, thus making more efficient use of available space.
Benefits of the Proposed Changes
If implemented, these changes could have several positive impacts. First, they would make industrial land more accessible to small and medium enterprises (SMEs) that may not require large plots. Second, higher FAR could attract investments in modern, multi-story industrial facilities, aligning with global trends in industrial architecture. Third, optimized land use could help decongest industrial areas and improve infrastructure planning.
Officials are also studying similar models in other cities to ensure that the new policy is implemented effectively. The administration has sought feedback from stakeholders, including industry associations and existing plot owners, to address any concerns regarding the division of plots and changes in FAR.
Next Steps
The Chandigarh administration is expected to finalize the proposal after a thorough review and public consultation. A formal notification is likely to be issued in the coming months, outlining the specific criteria for plot division and the revised FAR norms. This initiative is part of the administration's broader effort to boost economic activity and create a business-friendly environment in the city.
